project flame topco limited
project flame topco limited Company Information
Company Number
11291980
Next Accounts
416 days late
Directors
Shareholders
inflexion enterprise fund iv guernsey limited acting as general partner for inflexion enterprise fund iv (no.1) limited partnership
inflexion enterprise fund iv guernsey limited acting as general partner for inflexion enterprise fund iv (no.2) limited partnership
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
the ridge golf club, chartway street, maidstone, ME17 3JB
Website
-project flame topco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT FLAME TOPCO LIMITED at £110.2m based on a Turnover of £52.9m and 2.08x industry multiple (adjusted for size and gross margin).
project flame topco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT FLAME TOPCO LIMITED at £48.3m based on an EBITDA of £5.6m and a 8.64x industry multiple (adjusted for size and gross margin).
project flame topco limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT FLAME TOPCO LIMITED at £0 based on Net Assets of £-6.9m and 1.34x industry multiple (adjusted for liquidity).
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Project Flame Topco Limited Overview
Project Flame Topco Limited is a live company located in maidstone, ME17 3JB with a Companies House number of 11291980. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2018, it's largest shareholder is inflexion enterprise fund iv guernsey limited acting as general partner for inflexion enterprise fund iv (no.1) limited partnership with a 47.1% stake. Project Flame Topco Limited is a young, large sized company, Pomanda has estimated its turnover at £52.9m with unknown growth in recent years.
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Project Flame Topco Limited Health Check
Pomanda's financial health check has awarded Project Flame Topco Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £52.9m, make it larger than the average company (£14.5m)
£52.9m - Project Flame Topco Limited
£14.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Project Flame Topco Limited
- - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (33.4%)
24.5% - Project Flame Topco Limited
33.4% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (4.2%)
-0.4% - Project Flame Topco Limited
4.2% - Industry AVG
Employees
with 431 employees, this is above the industry average (105)
431 - Project Flame Topco Limited
105 - Industry AVG
Pay Structure
on an average salary of £16k, the company has a lower pay structure (£37.4k)
£16k - Project Flame Topco Limited
£37.4k - Industry AVG
Efficiency
resulting in sales per employee of £122.8k, this is less efficient (£144.7k)
£122.8k - Project Flame Topco Limited
£144.7k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (45 days)
31 days - Project Flame Topco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (47 days)
24 days - Project Flame Topco Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Project Flame Topco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (18 weeks)
17 weeks - Project Flame Topco Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 116.7%, this is a higher level of debt than the average (71.4%)
116.7% - Project Flame Topco Limited
71.4% - Industry AVG
PROJECT FLAME TOPCO LIMITED financials
Project Flame Topco Limited's latest turnover from March 2021 is £52.9 million and the company has net assets of -£6.9 million. According to their latest financial statements, Project Flame Topco Limited has 431 employees and maintains cash reserves of £6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Turnover | 52,941,123 | 52,714,156 | 51,844,835 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 39,974,276 | 39,186,564 | 37,231,489 |
| Gross Profit | 12,966,847 | 13,527,592 | 14,613,346 |
| Admin Expenses | 13,194,087 | 15,411,736 | 14,560,318 |
| Operating Profit | -227,240 | -1,884,144 | 53,028 |
| Interest Payable | 1,685,041 | 1,636,797 | 2,206,840 |
| Interest Receivable | 7,006 | 6,048 | 1,493 |
| Pre-Tax Profit | -1,905,275 | -3,514,893 | -2,152,319 |
| Tax | -637,110 | -101,229 | -39,805 |
| Profit After Tax | -2,542,385 | -3,616,122 | -2,192,124 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | -2,542,385 | -3,616,122 | -2,192,124 |
| Employee Costs | 6,881,564 | 8,777,303 | |
| Number Of Employees | 431 | 6 | 367 |
| EBITDA* | 5,591,374 | 3,021,051 | 4,088,644 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Tangible Assets | 902,149 | 0 | 626,668 |
| Intangible Assets | 17,526,518 | 1 | 22,831,958 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 164,002 |
| Total Fixed Assets | 18,428,667 | 1 | 23,622,628 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 4,553,250 | 0 | 4,188,019 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 12,369,572 | 848,791 | 11,162,621 |
| Cash | 5,966,948 | 0 | 5,883,893 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 22,889,770 | 848,791 | 21,234,533 |
| total assets | 41,318,437 | 848,792 | 44,857,161 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 2,712,537 | 0 | 5,146,712 |
| Group/Directors Accounts | 223,574 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 15,027,259 | 9,600 | 10,403,644 |
| total current liabilities | 17,963,370 | 9,600 | 15,550,356 |
| loans | 29,968,105 | 0 | 29,676,574 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 297,143 | 0 | 763,018 |
| total long term liabilities | 30,265,248 | 0 | 30,439,592 |
| total liabilities | 48,228,618 | 9,600 | 45,989,948 |
| net assets | -6,910,181 | 839,192 | -1,132,787 |
| total shareholders funds | -6,910,181 | 839,192 | -1,132,787 |
| Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | -227,240 | -1,884,144 | 53,028 |
| Depreciation | 338,456 | 230,548 | 162,361 |
| Amortisation | 5,480,158 | 4,674,647 | 3,873,255 |
| Tax | -637,110 | -101,229 | -39,805 |
| Stock | 0 | 0 | 0 |
| Debtors | 16,074,031 | -14,665,851 | 15,514,642 |
| Creditors | 2,712,537 | -5,146,712 | 5,146,712 |
| Accruals and Deferred Income | 15,017,659 | -10,394,044 | 10,403,644 |
| Deferred Taxes & Provisions | 297,143 | -763,018 | 763,018 |
| Cash flow from operations | 6,907,572 | 1,281,899 | 4,847,571 |
| Investing Activities | |||
| capital expenditure | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 |
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 223,574 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 29,968,105 | -29,676,574 | 29,676,574 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | -1,678,035 | -1,630,749 | -2,205,347 |
| cash flow from financing | 23,306,656 | -25,719,222 | 28,530,564 |
| cash and cash equivalents | |||
| cash | 5,966,948 | -5,883,893 | 5,883,893 |
| overdraft | 0 | 0 | 0 |
| change in cash | 5,966,948 | -5,883,893 | 5,883,893 |
project flame topco limited Credit Report and Business Information
Project Flame Topco Limited Competitor Analysis
Perform a competitor analysis for project flame topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in ME17 area or any other competitors across 12 key performance metrics.
project flame topco limited Ownership
PROJECT FLAME TOPCO LIMITED group structure
Project Flame Topco Limited has 1 subsidiary company.
Ultimate parent company
PROJECT FLAME TOPCO LIMITED
11291980
1 subsidiary
project flame topco limited directors
Project Flame Topco Limited currently has 1 director, Mr Peter Callander serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Callander | England | 55 years | Apr 2018 | - | Director |
P&L
March 2021turnover
52.9m
0%
operating profit
-227.2k
-88%
gross margin
24.5%
-4.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-6.9m
-9.23%
total assets
41.3m
+47.68%
cash
6m
0%
net assets
Total assets minus all liabilities
project flame topco limited company details
company number
11291980
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
BDO LLP
address
the ridge golf club, chartway street, maidstone, ME17 3JB
Bank
-
Legal Advisor
-
project flame topco limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to project flame topco limited. Currently there are 0 open charges and 2 have been satisfied in the past.
project flame topco limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for PROJECT FLAME TOPCO LIMITED. This can take several minutes, an email will notify you when this has completed.
project flame topco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
